Erie Street Townhomes — Sale in De Pere, WI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: De Pere, WI 54115

Photos

Erie Street Townhomes — Sale in De Pere, WI, photo 1 of 2
Erie Street Townhomes — Sale in De Pere, WI, photo 2 of 2

Investment Figures

Cap rate
6.69%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 614 S Erie Street, a 12-unit multifamily investment opportunity in De Pere, Wisconsin. Built in 1968, the property offers a townhome-style unit configuration, a layout that appeals to renters looking for more space and privacy than a typical apartment provides. Ownership has invested significantly in the asset. Extensive interior upgrades have strengthened the property's competitive position in the local rental market, and recent roof replacements reduce near-term capital needs for an incoming owner while helping protect long-term performance. Each unit includes in-unit laundry and air conditioning, and residents have access to garage parking. Heat is included in rent, adding to the property's appeal for tenants. With updated interiors, newer roofs, a strong amenity package, and a sought-after townhome layout, 614 S Erie Street gives investors the chance to acquire a well-maintained 12-unit asset with limited deferred maintenance. Investment Highlights: • Townhome Style Units • New Roofs • In-Unit Laundry

Market Context

This multifamily in De Pere, WI is listed for sale. It is offered at an approximate 6.7% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in De Pere, WI — view the full market.

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